Comprehensive market data and analysis• Updated Dec 2025
60.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 2 |
Acreage buckets
The median price for land in Sullivan, Illinois is currently $52K per acre. For a typical parcel, the median sale price is $18K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $17K while premium lots reached $19K.
Sullivan, Illinois is currently a strong buyer's market with 60.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Sullivan, Illinois currently has 60.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Sullivan, Illinois saw 2 properties sold, totaling $36K in sales volume. In just the last 3 months, 1 properties changed hands.
There are currently 20 active listings in Sullivan, Illinois. The median asking price is $43K.
The median land price in Sullivan, Illinois stands at $18K. This translates to roughly $52K per acre for the typical parcel size.
Land in Sullivan, Illinois typically sells within 4 days of listing. The median time on market is 4 days. Properties are moving quickly in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.